Get Approved at The Lowest Rate
Navigating the process of buying a new home in Reedley, CA while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Reedley, CA or getting it ready for the market.
Identify the new home you want to buy in Reedley, CA, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Reedley, CA often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Reedley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Reedley, CA. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Reedley, CA do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Reedley, CA may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Reedley, CA provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Reedley, CA to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans in Reedley, California offer a valuable financial solution for those looking to purchase a new home while waiting for their current home to sell. These loans provide immediate access to funds, enabling individuals to make competitive offers and secure their dream home without the stress of timing constraints. Demographics in Reedley, California, showcase a diverse community with a population of approximately 25,000 residents. The city boasts a mix of cultures and backgrounds, creating a vibrant and welcoming atmosphere for individuals and families alike. The housing market in Reedley, California, is dynamic and offers a range of options to potential buyers. With a variety of single-family homes, condos, and townhouses available, there is something for everyone in this thriving real estate market. Bridge loans can help individuals navigate these choices quickly and efficiently. Reedley, California, is known for its charming downtown area, filled with local shops, restaurants, and cultural experiences. The city also features beautiful outdoor spaces like Reedley Beach and the Kings River, providing endless opportunities for recreation and relaxation for residents and visitors.
Benefits of Bridge Loans in Reedley, California
